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Shiba Inu

Shiba Inu coin was created anonymously in August 2020 under the pseudonym "Ryoshi." According to its whitepaper, Shiba Inu was created with the intention of creating a "100% community-led" cryptocurrency. Shiba Inu aims to be the Ethereum-based counterpart to Dogecoin's Srypt-based mining algorithm. Shiba Inu is widely considered to be a "memecoin" due to its high volatility and network effect, driven by influential commentators like Tesla CEO Elon Musk.

The cryptocurrency Shiba Inu was created in August 2020 by an anonymous person known as "Ryoshi."

Shiba Inu aims to be a 100% community-led, decentralized cryptocurrency which seeks complete independence from centralized authorities and takes pride in that it was not founded from an existing community. 

SHIB exists on the Ethereum blockchain because Ryoshi viewed it as a well-established, secure, and decentralized network that would allow the Shiba Inu project to be developed with zero outside regulation. 

Shiba Inu aims to be the Ethereum-based counterpart to Dogecoin’s Scrypt-based mining algorithm. 

When SHIB was created, 1 quadrillion tokens were minted. SHIB’s founder sent 50% of the total supply to Ethereum co-founder Vitalik Buterin, who then burned 90% of his holdings by sending the tokens to a dead blockchain address. Buterin said he’d donate the remaining 10% to charity. 

The remaining supply, which wasn’t sent to Buterin, is locked in Uniswap, which is a decentralized finance protocol used to exchange cryptocurrencies. 

The Shiba Inu community considers the crypto to be a "Dogecoin Killer" because it has the ability to top its memecoin rival's market cap without ever crossing the $0.01 mark. 

Shiba Inu is widely considered to be a memecoin due to its high volatility and potential risk, as well as its network effect, driven by influential commentators like Tesla CEO Elon Musk.

The Shiba Inu (CRYPTO: SHIB) billionaire who famously turned an $8,000 SHIB investment into $5.7 billion has begun moving his funds across the blockchain.

Shiba Inu Billionaire Transfers 40 Trillion Tokens Worth $2.7B

One lucky SHIB holder has turned $8,000 into over $5 billion worth of the meme coin—and now part of their mammoth haul is on the move.

A SHIB Whale Just Moved Nearly $3 Billion Worth of the Meme Coin

There is a growing buzz around cryptocurrency exchange Kraken listing the meme coin Shiba Inu (CRYPTO: SHIB).

Is Kraken Listing Shiba Inu Coin? Here's What You Need To Know

Popular crypto asset Shiba Inu (SHIB) is outpacing its primary competitor as the crypto exchange Kraken appears ready to list the dog-themed memecoin. SHIB has officially surpassed Dogecoin (DOGE) in terms of market cap, according to CoinGecko, and is now the ninth-largest crypto asset by that measure. The meme token “flippening” occurred a little more […] The post Shiba Inu Surpasses Dogecoin, Becomes 9th Largest Crypto Asset As Top US Exchange Appears Ready To List Popular Altcoin appeared first on The Daily Hodl.

Shiba Inu Surpasses Dogecoin, Becomes 9th Largest Crypto Asset As Top US Exchange Appears Ready To List Popular Altcoin

Bitcoin

Dogecoin

Bitcoin (CRYPTO: BTC) traded in negative territory Monday night as the global cryptocurrency market capitalization rose 0.2% to $2.64 trillion. What Happened: The apex cryptocurrency fell 1.03% to $60,753.06 over 24 hours.

Bitcoin Holders Waiting For Higher Prices To Sell, Dogecoin Dips While Shiba Inu Rises; This Ethereum-Based Coin Is King Today

Cryptocurrency exchange Kraken has indicated that the shiba inu (SHIB) cryptocurrency will be listed on its platform on Tuesday. The dogecoin rival has gained much popularity recently, rising 97% in the past seven days and 825.5% in the last 30 days. Kraken Indicates Shiba Inu Will Be Listed on Its Platform Tuesday Cryptocurrency exchange Kraken […]

Crypto Exchange Kraken to List Shiba Inu Tomorrow — SHIB Investors Expect Price to Pump

A non-fungible token project built to honor the Shiba Inu coin is climbing up the sales volume leaderboard. Here's what you should know about the Shiboshis.

Shiboshis: What You Should Know About Shiba Inu-Based NFT Project Climbing The Charts

Meme coins exploded in value last month. Here are the best (or worst) of the bunch.

Forget Dogecoin: SHIB, ELON and SAMO Were the Leading Meme Coins in ‘Uptober'

If the rumors are to be believed, then Elon Musk-owned Tesla Inc (NASDAQ: TSLA) could soon be adding the meme token Shiba Inu (CRYPTO: SHIB) as a payment option.

Tesla To Start Accepting Shiba Inu As Payment? Website Leak Sparks Rumours

Shiba Inu (CRYPTO: SHIB) rallied 13% after Binance, the world's largest crypto exchange by trading volume, added Dogecoin (CRYPTO: DOGE) as a base trading pair.

Dogecoin Vs. Shiba Inu Trade To Play Out As Binance Lists SHIB/DOGE Trading Pair

Two meme cryptocurrencies, both inspired by shiba inu dogs, are now by market value.

Shiba inu passes dogecoin in the top 10 cryptocurrencies—here's what drives their growth

A rapper is pushing further into the world of cryptocurrencies with a new single being auctioned off as a non-fungible token

Crank That: Soulja Boy Auctioning Off New Song In SHIB

Videos from yesterday show a massive Shiba Inu coin advertisement in New York's Times Square. Since then, the token has risen double-digits.

SHIB Jumps 16% After Binance Listing, Times Square Advertisement

Billionaire investor and Dallas Mavericks owner Mark Cuban cautioned against investing large sums of money in cryptocurrencies like Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: SHIB).

Mark Cuban On Dogecoin And Shiba Inu: 'I've Never Told Anybody It's A Great Investment'

Fantom

Decentraland

Here are 6 coins, which include some familiar names, that gave more than 100% returns in October.

These 6 Coins — Including A Dogecoin Knockoff And Shiba Inu — Gave Better Than 100% Returns In October

AMC chief executive officer Adam Aron is pondering whether the cinema chain should accept payments in Shiba Inu (SHIB) as the memecoin barges into the top 10 crypto assets by market cap. In a new poll, Aron asks his 199,500 Twitter followers whether AMC should also accept SHIB as a payment option for ticket purchases. […] The post AMC CEO Says Movie Theater Giant Is Exploring Shiba Inu As Payment Option for Ticket Purchases appeared first on The Daily Hodl.

AMC CEO Says Movie Theater Giant Is Exploring Shiba Inu As Payment Option for Ticket Purchases

In a recent tweet, whistleblower Edward Snowden raised the concern about Shiba Inu (CRYPTO: SHIB) and said that people should not invest their hard-earned money in a "clone of dog money".

Edward Snowden Warns Against Investing in Shiba Inu, Says It's A 'Clone Of Dog Money'

Initial results are in for a poll issued by AMC Entertainment Holdings Inc (NYSE: AMC) CEO Adam Aron on Twitter on Friday, asking people if the theater chain should add Shiba Inu (CRYPTO:

New Poll Results: Should AMC Theatres Support Shiba Inu Payment Option For Ticket Purchases?

2021 has been the year of decentralized finance (defi), non-fungible tokens (NFTs), and meme tokens as well. During the first week of August, roughly 30 dogecoin-like crypto assets existed and today, there are now 45 tokens with the terms “dog,” “shiba,” and “inu” in their names. Many of these coins have seen astronomical gains this […]

Dogecoin, Shiba Inu, Dogelon Mars Lead the Pack of 45 Doge-Like Tokens Capturing Astronomical Gains

Microstrategy Incorporated (NASDAQ: MSTR) CEO Michael Saylor, in a recent interview, was asked about Shiba Inu (CRYPTO: SHIB) and Dog

Here's What Micro Strategy CEO And Bitcoin Bull Michael Saylor Says About Shiba Inu And Dogecoin

Crypto Twitter is the watering hole of the industry. Here's our roundup of the craziest things to happen there this week.

This Week on Crypto Twitter: The Wolf of Wall Street, SHIB Boasts and CryptoPunks

According to a report, Paris-based restaurant Le Bistrot d'Eleonore et Maxence accepts cryptocurrency Shiba Inu (CRYPTO: SHIB).

Now A Restaurant in Paris Is Accepting Shiba Inu As Payment

The original meme token Doge (CRYPTO: DOGE) and its top meme competitor Shiba Inu (CRYPTO: SHIB) provided some excitement in this week's crypto market.

Doge, Shiba Inu Consolidate Following Week's Strong Run; Another Leg-up In The Cards?

Ethereum

Bitcoin slumps, Ethereum sets another all-time high after an upgrade, and Shiba Inu makes the top 10 list.

This Week in Coins: Bitcoin and Ethereum Hit ATH and SHIB Becomes Top 10 Token

A popular NASCAR driver woke up to an unexpected sum of Shiba Inu (SHIB) in his Coinbase account but has promptly decided to return the valuable memecoins to the crypto exchange. NASCAR driver Keith McGee is the first Alaskan to start a NASCAR race and the first disabled veteran in the history of NASCAR. McGee […] The post Coinbase Accidentally Adds $181,000,000 in Shiba Inu to the Wallet of This NASCAR Driver – He Wants None of It appeared first on The Daily Hodl.

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